Alaska Air Group Inc (NYSE:ALK)
$ 43.76 -0.1 (-0.23%) Market Cap: 5.55 Bil Enterprise Value: 7.10 Bil PE Ratio: 23.40 PB Ratio: 1.38 GF Score: 86/100

Q4 2019 Alaska Air Group Inc Earnings Call Transcript

Jan 28, 2020 / 09:30PM GMT
Release Date Price: $65.54 (+0.31%)
Operator

Good morning. My name is Catherine, and I will be your conference operator today. At this time, I would like to welcome everyone to the Alaska Air Group Fourth Quarter and Full Year Earnings Release Conference Call. Today's call is being recorded and will be accessible for future playback at alaskaair.com. (Operator Instructions) I would now like to turn the call over to Alaska Air Group's Director, Investor Relations, Emily Halverson.

Emily Halverson
Alaska Air Group, Inc. - Director, Investor Relations

Thanks, Catherine. Good afternoon, and thank you for joining us for our fourth quarter and full year 2019 earnings call. In today's prepared remarks, you'll hear updates from Brad, Ben, Andrew, Brandon and Shane Tackett. Several other members of our management team are also on hand to answer your questions during the Q&A portion of the call. This afternoon, Alaska Air Group reported fourth quarter net income of $181 million on both a GAAP and adjusted basis, with the latter, excluding merger-related costs and mark-to-market fuel hedging adjustments. Air

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